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Author Topic: So I created a Trading bot and it's doing 8% a month  (Read 1049 times)
Harriti
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December 31, 2019, 03:08:39 AM
 #21

Hey guys,

I am trading Bitcoin since it was $10 and 6 months ago I got super pissed and bored of doing daily trading with all these super fast exchange bots always putting an order one decimal above mine etc. So I found an open-source bot and made it super simple with my experience in mind, no complicated keywords or bullshit, just analyzing the trend and diversifying the buy and sell into multiple orders with smart order matrix, trading pair switching, volatility indicators AND CRUCIALLY a f*kin delay so the bot can analyze if it's a pump or dump using bot filters.

For the past 6 months I am getting a kind of stable 7% to 11% each month NEVER trading USD or USDT pairs, only altcoin/BTC, ETH and monero (maybe will add DAI). Because that's what I want, more crypto.

I couldn't believe the efficiency myself (and still can't to be honest) but I made a pool here: https://czbitcoin.com/ and you can check my running bots and balance.

If you want you can put $50 there and see the profit. It usually takes 10 to 60 minutes to update closed trades but it should update quite often.

Please let me know what do you think and if there are any numbers missing that you would like to see on the dash, I will add them when I get the time.

Looking for a feedback and your experiences with trading bots
For large Wall Street funds, people only try to earn 8% - 15% a year, and there is the help of PhDs in mathematics. so this is ridiculous. I have never seen anyone who can create a bot that can trade with a steady profit of 8% to 11% per month. bots have their limits and algorithms sometimes go wrong and we need to adjust it daily. If possible, you can post your transaction history here and to create more confidence for us.


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nydiacaskey01
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December 31, 2019, 03:13:06 AM
 #22

Looks like an investment scam to me, you put $50 and wait for it to earn up to 11%? We all know that there times it may earn more than that so what will happen, I will get only 11%. This is like one of those old sites where you deposit BTC and wait 72 hours to double your money. Anyone here tried this site and got positive results?
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December 31, 2019, 04:41:53 AM
 #23

I wonder who already join in that site and what their review after they join with him because it needs time always to make a profit using the bots, and I hope that the OP really knows how to make that profit. I hope that people who join with him and they can make a profit can back here and give the reviews so we can know if that is worth or not. Without a prove, I think it is hard for other people to know if the service will make a profit or not because people already get so many scams before, and they don't want to get the wrong thing again.

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plvbob0070
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December 31, 2019, 11:17:55 AM
 #24

If I have a trading bot that can earn 8% a month for sure I just need to take the time to think about how to spend my money.
From the first day I joined the forum, I have met many advertisements about trading bots and trading signals, but most of them are just scams. They are just trying to trick people who lack knowledge in the market.
Of course it is a huge advantage for them if a person doesn't have enough knowledge on how the market works because many of them can be easily attracted and interested on something that can help them earn profit in spite of the fact that they did not do any research therefore they don't have some basis and knowledge to make their choices better. We just need to remember that we cannot trust anyone or anything nowadays because scammers will took every opportunity to trick and make fun of us.
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December 31, 2019, 01:56:44 PM
 #25

Thanks for finally some good questions that are to the topic.

Yes I sold BTC when it went to $110 then the dump and then it went to $3k I think so yeah, who could have known, I sold pretty early Smiley

Yes the bot is completely unscathed no matter if it goes down or up, I gather crypto value, not USD value. 10 days ago I opened a new bot with 2.4 ETH and today it has 3.1 ETH.

That's how it works, I don't care about USD, people have to get their shit together and understand that by holding they get nothing, while I get more crypto, if it goes down I still win over holders.

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December 31, 2019, 01:58:50 PM
 #26

I lowered the minimum to $20 so I hope somebody from this community has the balls Cheesy

I have other people investing but only my close friends
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December 31, 2019, 02:30:11 PM
 #27

For the gentleman asking for my dash, this is what I see

https://imgur.com/eXgrsqN
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December 31, 2019, 02:53:31 PM
 #28

So you are selling the bot for 20$ or we have to send you the investment money and you return us with profit..?

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January 01, 2020, 11:41:04 AM
 #29

Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
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January 01, 2020, 01:25:32 PM
 #30

Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
I have nothing against the OP, it is good to see people developing a software especially when it contains something useful for the crypto and traders actually $20 is quite lower compare to others that has a monthly billing. What I am doubtful about is the $50 minimum initial take with bot and the claim that it is gaining 8% a month, most probably that is just a series of good trade for 8% every month so that does not count.
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January 01, 2020, 01:55:27 PM
 #31

Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
I have nothing against the OP, it is good to see people developing a software especially when it contains something useful for the crypto and traders actually $20 is quite lower compare to others that has a monthly billing. What I am doubtful about is the $50 minimum initial take with bot and the claim that it is gaining 8% a month, most probably that is just a series of good trade for 8% every month so that does not count.


We all know today that trading is tough work even you are trading for a short term or long term it takes a lot of things to consider like always need to be updated in the market price, which coin will good for the trading technique we use and also check if we are earning. Today many people getting tired by this process and find some easy way to make a trade and earn money without doing anything, and this is the trading bot. This machine automatically generates a trade if the price is pumping and holding the coin if it is dumping. This kind of device is beneficial because you can be productive at other things at the same time you are earning. Using a trading bot is risky too because if then programmer manipulates the algorithm of the bot, it can cause a lot of losses and damage to your income. Still, I will prefer to continue learning in trading instead of losing and risking my money.

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January 01, 2020, 03:15:38 PM
 #32

Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
I have nothing against the OP, it is good to see people developing a software especially when it contains something useful for the crypto and traders actually $20 is quite lower compare to others that has a monthly billing. What I am doubtful about is the $50 minimum initial take with bot and the claim that it is gaining 8% a month, most probably that is just a series of good trade for 8% every month so that does not count.


We all know today that trading is tough work even you are trading for a short term or long term it takes a lot of things to consider like always need to be updated in the market price, which coin will good for the trading technique we use and also check if we are earning. Today many people getting tired by this process and find some easy way to make a trade and earn money without doing anything, and this is the trading bot. This machine automatically generates a trade if the price is pumping and holding the coin if it is dumping. This kind of device is beneficial because you can be productive at other things at the same time you are earning. Using a trading bot is risky too because if then programmer manipulates the algorithm of the bot, it can cause a lot of losses and damage to your income. Still, I will prefer to continue learning in trading instead of losing and risking my money.

You talk too much and the shorter explanation of your thought is this, trading bot can help you to earn or lose money because it is risky and nothing is certain when it comes to trusting a trading bot. You just define a trading bot and in the end of your statement you said that you will still choose manual trading. In a trading bot, you are the one who will put what strategies are you going to use and not someone who doesn't own your account. So you're still the one who is accountable of your losses and earnings. 

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January 01, 2020, 05:33:40 PM
 #33

So you are selling the bot for 20$ or we have to send you the investment money and you return us with profit..?

You can deposit whatever amount you want and it will automatically diversify into the appropriate bot. I run ETH, XMR, BTC bots at this moment. Once a trade with your balance is done you get profit, it's like a pool where everybody get's their % based on the % of the total value in an order.

You also withdraw yourself, the dashboard is complete management center so you can choose how much and where to withdraw the money. YOU CAN ALWAYS WITHDRAW EVERYTHING, there is no lock on the deposit
Etherass (OP)
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January 01, 2020, 05:35:11 PM
 #34

Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
I have nothing against the OP, it is good to see people developing a software especially when it contains something useful for the crypto and traders actually $20 is quite lower compare to others that has a monthly billing. What I am doubtful about is the $50 minimum initial take with bot and the claim that it is gaining 8% a month, most probably that is just a series of good trade for 8% every month so that does not count.

Thank you for your comment, I tested it for 6 months and it's very stable. This is not USD. I am getting more and more cryptocurrency by trading altcoin/altcoin
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January 01, 2020, 05:59:46 PM
 #35

I doubt about of what you said is stable because cryptocurrency aren't stable as you are talking. And 8% profit is quite high IMO but if you explain more about of your bots on how it works and how does a bot know the run of the market which is a bit sketchy to me. If you can share more detailed information maybe more user will try your bot.

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January 03, 2020, 03:03:57 PM
 #36

No, I already lost the enthusiasm I had at the beginning. I will run it myself and scale it with friends and family. Please don't register anymore, I am not going to answer any more questions, this is not what I expected.

Have a great day and happy trading everyone
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January 03, 2020, 03:26:47 PM
 #37

That's quite crazy to earn 8% per month, but will it do that stably ? i don't think so since the crypto market is so wild and the price could pump and dump dynamically that impossible to adapt by the bots, expect the bot is AI based but i think there are no such thing till right now. Bot is not always good, trading manually and create own chart analysis is better.
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January 03, 2020, 11:34:23 PM
 #38

I answered the question above when saying 8% a month is really good but I want to make bigger trades. This is not buying a bot, it's a joined pool where the balance is distributed to exactly 10 bots that are running at this moment.

Why am I inviting other people, well why not. More people = bigger orders so like what else is the point then moving faster and getting more crypto.

Then, what is the possible return for them? How about you? I'm afraid if you don't ask anything from them cause probably you should.
People had already learned from their bad experience and they are so keen regarding the market selection and as well as using bots.
I suggest, better to keep it by yourself and enjoy using your bots or just invite your relatives and friends.
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January 04, 2020, 02:50:36 AM
 #39

It is just like the other bots? Coz they also says this one, 5%, 6% to 10% profit in a week or in a month. I find it false information since the market is very unpredictable you can't just say that traders could easily pull of a 8% profit in a month. And is $50 fixed? coz if that's the case then it is comparably high for a 'new' like this, you could've started in $10 or $20.
There's no fixed profits as the value of coins are volatile, chances that the 10% gained can be 20-30% losses in fiat value. I don't really understand why OP needs money out from other people if he can generate good and stable benefits from his bot.
Best to assess if you are thinking to invest with this program make sure to value your money.
I think is very small profit with 8% for a month in your trading bot, although safety for trading in your bot but I feel not enough with 8% every month and just return small profit every day, I need minimum can reach 1% to 5% every day for earn profit with bitcoin and altcoin trading, other way I want get higher reward whit less risk in bitcoin and altcoin trading.

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Amel
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January 04, 2020, 05:37:19 AM
 #40

I wonder who already join in that site and what their review after they join with him because it needs time always to make a profit using the bots, and I hope that the OP really knows how to make that profit. I hope that people who join with him and they can make a profit can back here and give the reviews so we can know if that is worth or not. Without a prove, I think it is hard for other people to know if the service will make a profit or not because people already get so many scams before, and they don't want to get the wrong thing again.

Right, dude. I am also waiting for the reviews of people who have tried it. I am a little worried because this bot does not use API/tokens but we need to make a deposit on the site. This site is still new and doesn't have any reviews yet, especially @OP is still a new member here so it's hard to believe after all the scams.
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